Treasury yields are mixed following lower-than-expected inflation
U.S. Treasury yields were mixed on Wednesday morning, following data which showed lower-than-expected inflation.
Sels said that HSBC expected inflation to come down later in the years, partly because "commodity price base effects will become more deflationary near year-end.""However, there is uncertainty about the speed and the extent of the fall, as many variables influence inflation," he added, referring to the increased spread of the delta variant and supply chain issues.
In terms of economic data due out on Wednesday, August's import and export prices are set to be released at 8:30 a.m. ET. Industrial production data for August is then due to come out at 9:15 a.m. ET. Read more: CNBC »
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Treasury yields rise ahead of inflation dataU.S. Treasury yields rose early on Tuesday, ahead of the release of closely watched inflation data later in the morning. this is terrible news BTFD
US consumer prices rise 0.3% in August, lowest in 7 monthsU.S. consumer prices rose a lower-than-expected 0.3% last month, the smallest monthly increase n seven months and a hopeful sign that inflation pressures may be cooling Wait till next month now that 15% of the country has no source of income Lies. We're in for a long hard f***ing, grab your ankles and lube up well.
U.S. stocks can't hold on to an early gain and resume fallingStocks across all sectors slid Tuesday despite a better-than-expected report on inflation. wow Broke and no stock so I couldn’t care less.
Has Inflation Peaked? Prices Rose 5.3% In August—Breaking Streak Of Pandemic HighsOverall prices rose 0.3% from July—lower than the 0.4% increase economists were expecting. No, inflation has not peaked. We are about to see rental rates increase. No Energy prices moved up on this news
Equities fall as U.S. inflation data raises more questionsGlobal markets edged lower and the dollar fell on Tuesday after data showed U.S. inflation rose by less than expected, raising renewed questions on when the U.S. central bank will begin tapering its asset purchases. \n MSCI's world stocks benchmark (.MIWD00000PUS) fell 0.23%, and all of the major U.S. stock indexes were down by mid-afternoon New York time. \n European shares (.STOXX) closed 0.1% lower, dragged down by mining, banks and luxury stocks, which followed Asian luxury stocks in falling on a new spike in COVID-19 cases in Fujian, China. read more ?1 more
US CPI inflation measure rises 0.3% in August, less than expectedInflation slowed down sharply in August after it started softening in July, as the Delta wave hits the brakes on spending aminnn..alhm'dll'lh